News highlights – 7 June

Written by on June 8, 2017 in News with 0 Comments

News highlights for 7 June

REUTERS/Yuriko Nakao

Toshiba prepares to name buyer of its chip business

TOKYO/SAN FRANCISCO (Reuters) – Toshiba Corp aims to name a winner for its prized semiconductor business next week, people familiar with the matter said on Wednesday, as a row with one of the bidders over the sale appeared to escalate. Read more…

Honda to focus on self-driving cars, robotics

HAGA, Japan (Reuters) – Japanese carmaker Honda Motor Co on Thursday spelled out for the first time its plans to develop autonomous cars which can drive on city streets by 2025, building on its strategy to take on rivals in the auto market of the future. Read more…

Blackberry launches software for connected and self-driving cars

Blackberry has launched QNX Hypervisor 2.0, a new software system for connected and autonomous cars that emphasizes safety and security by enabling developers to partition and isolate safety-critical environments from non-critical environments. Read more…

Alibaba says revenue will grow between 45 and 49 percent in 2018

BEIJING (Reuters) – Alibaba Group Holding Ltd expects revenue growth of 45-49 percent in the 2018 fiscal year, said Chief Financial Officer Maggie Wu on Thursday during an investor conference in Hangzhou, China. Read more…

Amazon error shows some customers dog picture

(Reuters) – Amazon.com Inc told some shoppers on Wednesday that there was a problem when they were trying to view product listings. “Sorry something went wrong on our end”, said a message. Read more…

Samsung to invest $300 million in US factory

SEOUL (Reuters) – Tech giant Samsung Electronics Co Ltd plans to invest $300 million to build an appliances factory in the United States, the Korea Economic Daily reported on Thursday citing unnamed sources. Read more…

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